Marston’s (LON:MARS) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Marston’s PLC (LON:MARS) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 54.26 and traded as low as GBX 53.30. Marston’s shares last traded at GBX 53.60, with a volume of 1,966,300 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “buy” rating on shares of Marston’s in a report on Wednesday, January 28th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 80.

Marston’s Price Performance

The company’s fifty day moving average is GBX 57.42 and its 200 day moving average is GBX 54.26. The company has a quick ratio of 0.23, a current ratio of 0.31 and a debt-to-equity ratio of 157.01. The stock has a market cap of £363.27 million, a PE ratio of 5.17, a price-to-earnings-growth ratio of -0.16 and a beta of 0.92.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.